GDP vs genuine progress quantification of economic performance in South Korea and Malaysia
Malaysia and South Korea, successful graduates of Asian Financial Crisis, employed different paths to recovery via Capital Control and IMF bail-out respectively. This paper tracks recovery trajectories of the two nations via orthodox and emergent growth indicators: GDP and GPI. We report unemploymen...
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| Format: | Article |
| Language: | English English |
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Oviedo University Press
2018
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/68820/ http://irep.iium.edu.my/68820/1/68820_GDP%20vs%20genuine%20progress%20quantification.pdf http://irep.iium.edu.my/68820/2/68820_GDP%20vs%20genuine%20progress%20quantification_SCOPUS.pdf |
| _version_ | 1848787006139662336 |
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| author | Hashim, Mastura Mohammad Sifat, Imtiaz Mohamad, Azhar |
| author_facet | Hashim, Mastura Mohammad Sifat, Imtiaz Mohamad, Azhar |
| author_sort | Hashim, Mastura |
| building | IIUM Repository |
| collection | Online Access |
| description | Malaysia and South Korea, successful graduates of Asian Financial Crisis, employed different paths to recovery via Capital Control and IMF bail-out respectively. This paper tracks recovery trajectories of the two nations via orthodox and emergent growth indicators: GDP and GPI. We report unemployment, open-trade, fixed capital accumulation, and prior crisis to be influential determinants of both metrics, while credit and foreign exchange rate lack significance. |
| first_indexed | 2025-11-14T17:18:04Z |
| format | Article |
| id | iium-68820 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T17:18:04Z |
| publishDate | 2018 |
| publisher | Oviedo University Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-688202019-02-11T09:18:24Z http://irep.iium.edu.my/68820/ GDP vs genuine progress quantification of economic performance in South Korea and Malaysia Hashim, Mastura Mohammad Sifat, Imtiaz Mohamad, Azhar HC94 By region or country HJ Public Finance Malaysia and South Korea, successful graduates of Asian Financial Crisis, employed different paths to recovery via Capital Control and IMF bail-out respectively. This paper tracks recovery trajectories of the two nations via orthodox and emergent growth indicators: GDP and GPI. We report unemployment, open-trade, fixed capital accumulation, and prior crisis to be influential determinants of both metrics, while credit and foreign exchange rate lack significance. Oviedo University Press 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/68820/1/68820_GDP%20vs%20genuine%20progress%20quantification.pdf application/pdf en http://irep.iium.edu.my/68820/2/68820_GDP%20vs%20genuine%20progress%20quantification_SCOPUS.pdf Hashim, Mastura and Mohammad Sifat, Imtiaz and Mohamad, Azhar (2018) GDP vs genuine progress quantification of economic performance in South Korea and Malaysia. Economics and Business Letters, 7 (4). pp. 169-179. ISSN 2254-4380 https://www.unioviedo.es/reunido/index.php/EBL/article/view/12779/11951 10.17811/ebl.7.4.2018.169-178 |
| spellingShingle | HC94 By region or country HJ Public Finance Hashim, Mastura Mohammad Sifat, Imtiaz Mohamad, Azhar GDP vs genuine progress quantification of economic performance in South Korea and Malaysia |
| title | GDP vs genuine progress quantification of economic performance in South Korea and Malaysia |
| title_full | GDP vs genuine progress quantification of economic performance in South Korea and Malaysia |
| title_fullStr | GDP vs genuine progress quantification of economic performance in South Korea and Malaysia |
| title_full_unstemmed | GDP vs genuine progress quantification of economic performance in South Korea and Malaysia |
| title_short | GDP vs genuine progress quantification of economic performance in South Korea and Malaysia |
| title_sort | gdp vs genuine progress quantification of economic performance in south korea and malaysia |
| topic | HC94 By region or country HJ Public Finance |
| url | http://irep.iium.edu.my/68820/ http://irep.iium.edu.my/68820/ http://irep.iium.edu.my/68820/ http://irep.iium.edu.my/68820/1/68820_GDP%20vs%20genuine%20progress%20quantification.pdf http://irep.iium.edu.my/68820/2/68820_GDP%20vs%20genuine%20progress%20quantification_SCOPUS.pdf |